Latest Construction Headlines

All the headlines from our Construction Topic Page, ordered by recency.

Construction Claims: Understanding Colorado’s Statutory Notice of Claim Process

Jul 5 2010 // In the construction industry, it is almost inevitable that at some time contractors and design professionals will receive a notice of claim (NOC) letter. This is the first step in the claims process that may lead to an...

How to COPE with Apartments

Jun 21 2010 // COPE is generally associated with property underwriting rather than as a risk class-based underwriting acronym. However, the traditional use and definition of COPE can be broadened to highlight the top concerns of...

Umbrellas for Residential Contractors in Uncertain Times

Jun 21 2010 // Residential construction is and has been an extremely important class of business for surplus lines insurers and agents. In recent years, however, demand for residential work in this country has dropped dramatically....

Mullis Newby Hurst Adds Wiggins as an Account Executive

Jun 16 2010 // Addison, Texas-based Mullis Newby Hurst L.P., which specializes in construction insurance and surety bonds, recently hired Mike Wiggins as an account executive. Wiggins, who was a top producer for Liberty Mutual in Central...

Anderson to Head U.S. Construction Practice at Marsh

Jun 7 2010 // Marsh has appointed Michael Anderson president of its U.S. Construction Practice. Anderson brings more than 25 years of construction risk management experience to Marsh. He most recently served as surety practice leader at...

Lawsuit Filed over Atlanta Bridge Collapse

Jun 7 2010 // The widow of a construction worker killed when a pedestrian bridge collapsed at the Atlanta Botanical Garden in 2008 has filed a lawsuit against the attraction and several construction companies.The Atlanta...

Texas High Court Sides with Lloyd’s in Contractual Liability Exclusion Case

Jun 7 2010 // The Texas Supreme Court has found in favor of an excess insurance provider in a case involving the contractual liability exclusion in a Commercial General Liability (CGL) policy.In 1993, Dallas Area Rapid Transit Authority...

Mississippi Home’s Concrete Structure Cuts Insurance Cost

Jun 7 2010 // The Dubuisson home will resemble others in the traditional Pass Christian neighborhood when construction is complete this summer yet underneath will be a superstructure built to withstand 200 mile-per-hour winds and cut...

Hiscox USA Adds Underwriters to Los Angeles Regional Office

Jun 4 2010 // Hiscox USA has expanded its business in its Los Angeles, California office with the addition of underwriters in the allied healthcare professional and general liability; architects, engineers and construction managers...

AIR Analyzes Agatha; Despite Damages Insured Losses Not ‘Significant’

Jun 2 2010 // Catastrophe risk modeling firm AIR Worldwide described the early tropical storm Agatha as “short-lived, but deadly,” as it “wreaked havoc in Central America over the weekend. Agatha benefitted “from...

Two Falls in Two Days for New York City Construction Workers

Jun 1 2010 // One worker is dead and another injured after two separate incidents at New York City construction sites last week.In Brooklyn, a construction worker at a building going up died after he lost his balance and fell about 50...

Kaplan to Head Construction Practice at XL

May 21 2010 // XL Insurance appointed Gary S. Kaplan to the newly created position of executive vice president and North America Construction leader. Kaplan, who will be based in New York, joins XL Insurance from Zurich North America...

Mississippi Home’s Concrete Structure Beats Winds, Cuts Insurance Cost

May 19 2010 // The Dubuisson home will resemble others in the traditional Pass Christian neighborhood when construction is complete this summer yet underneath will be a superstructure built to withstand 200 mile-per-hour winds and cut...

South Carolina Firefighters Urge Lawmakers to Keep Sprinkler Code

May 13 2010 // South Carolina firefighters urged legislators this week to uphold a construction code requiring that new homes be equipped with fire sprinklers in a debate that pits safety against cost.They urged senators to defeat a...

Louisiana to Borrow $320M for New Construction Spending

May 6 2010 // Louisiana will borrow $320 million next year for state construction projects, far less than needed to fulfill the billions of dollars in requests from lawmakers and state agencies, the governor’s top budget adviser...

Chartis Introduces One-Stop Solution for Small Business Construction

May 4 2010 // Chartis has introduced Construction Solutions for Small Business, a multi-line coverage approach to construction-related insurance products. This new practice will offer the full product set currently available from the...

Animal Workers in Peril

May 3 2010 // In 2010, Dawn Brancheau, a trainer at SeaWorld in Orlando, Fla.,was grabbed by a killer whale as she stood in a wading area at the edge of his tank. Reports said she was grabbed by either the arm or the ponytail and...

People

May 3 2010 // Heffernan Insurance Brokers headquartered in Walnut Creek, Calif., hired Keith W. Newell as senior vice president, Southern California Construction Practice Leader in its Los Angeles office. Newell will expand...

Colorado Bill May Drive Contractors Insurers Out of State

Apr 28 2010 // The Colorado House of Representatives has passed a bill that may have the unintended consequence of driving insurers that provide contractors coverage out of state, according to the Professional Independent Insurance...

Traditional Property Policies Can Leave Green Buildings Exposed

Apr 8 2010 // With the U.S. Green Building Council forecasting growth in the green building market to double between now and 2013, agents and brokers can expect to see increasing client demand for green insurance coverage. Because...